maybe the Humphry inn will make a power play and take over CanadInns in the biggest surprise business deal in Winnipeg hotel history!
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I'm surprised that this story didn't get more play...
Gary Ng, a 34 year old finance guy (not sure if that's the official title) just bought PI Financial Corp. of Vancouver for $101 million -- cash. Apparently he made his fortune a decade ago during the 08-09 financial crisis. He lives in Lindenwoods, his dad is a retired mechanic and his mom was an office secretary at MTS. Crazy. https://www.newswire.ca/news-release...700868911.html |
Wow, good for him.
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^The Free Press story made it sound like he mostly lives in Vancouver now, but maintains some ties to Winnipeg.
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Seems to have flown under the radar for the most part locally, so figured I'd post this myself (normally I'd wait for someone who doesn't work for Richardson post such things):
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can't wait for the trickle down effects
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It may not be Skip in terms of numbers, but there's a lot of high quality jobs at Portage and Main that support these far flung locations. With that said, I try my best to stay out of these discussions (and out of the Innovation Centre thread for the most part)... just wanted to let people know that there was some news this week. |
lol I can't see it being a bad thing that a local company is expanding their portfolio.
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Richardson’s brings external wealth into Winnipeg. By contrast, TNSE, as an example, re-spends wealth that it has accumulated by and large from local consumers.
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This could end up leading to more Canadian inputs going into the oil down there. Can only be a positive.
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I know it's privately held, but selling isn't an impossibility -- it was only a few years ago that TD made overtures hoping to buy the family's wealth-management business for half a billion+. |
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can't wait for my weekly ration of sweet, sweet canola oil!
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https://www.theleafnews.com/news/win...503246402.html
Looks like Bonify's days are probably numbered if this is true. Wonder what will happen to their assets (they have a production facility in the North End). Anyone know who the investors behind this firm are? |
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Delta vs. Fairmont
In the midst of my first stay at the Delta. While I would say that "VG" (formerly the Velvet Glove) at the Fairmont is a better restaurant than Blaze, the rooms at the Delta are a notch above the Fairmont. Definitely not luxury, but more up to date. However, I still prefer the Inn at the Forks. If they ever signed up with one of Marriott or Hilton's soft brands I would never stay anywhere else when here.
One thing to keep in mind, when they are trying to check out opposing NHL teams there is a lot of security and the lobby can get congested. At other times things are much more casual. e.g. Bruce Boudreau was holding court in the lobby earlier this evening. |
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I've heard from several people that apparently almost all the growers are using gang-affiliated consultants as many of them have no experience in how to securely and safely store and distribute marijuana. It needs to be extremely secure to deter break ins and thefts in delivery, like armored banking trucks. This is kind of what happens when you take the RFP process to produce weed that Manitoba decided on – the people with lots of money won the contracts, regardless of how much experience they had in the field. |
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